\begin{tabular*}{\textwidth}{@{\extracolsep{\fill}}lc*{7}{D..{4.2}}}
	\toprule
	\gmc{1}{l}{\textbf{Variables}} & \gmc{1}{c}{\textbf{N}} & \gmc{1}{c}{\textbf{Mean}} & \gmc{1}{c}{\textbf{SD}} & \gmc{1}{c}{\textbf{P1}} & \gmc{1}{c}{\textbf{P25}} & \gmc{1}{c}{\textbf{P50}} & \gmc{1}{c}{\textbf{P75}} & \gmc{1}{c}{\textbf{P99}} \\\midrule
	CC                             & 22,968                 & 0.12                      & 0.23                    & 0.00                    & 0.02                     & 0.05                     & 0.13                     & 0.94                     \\
	MV                             & 22,968                 & 1015.04                   & 4323.21                 & 1.09                    & 20.29                    & 82.83                    & 393.92                   & 19628.09                 \\
	AGE                            & 22,968                 & 15.96                     & 12.77                   & 2.00                    & 6.00                     & 12.00                    & 22.00                    & 56.00                    \\
	SG                             & 22,968                 & 0.16                      & 0.46                    & -0.54                   & -0.05                    & 0.08                     & 0.25                     & 2.08                     \\
	CAP                            & 22,968                 & 0.23                      & 0.16                    & 0.01                    & 0.10                     & 0.19                     & 0.33                     & 0.66                     \\
	LEV                            & 22,968                 & 2.08                      & 2.30                    & -3.67                   & 1.30                     & 1.68                     & 2.39                     & 10.52                    \\
	GM                             & 22,968                 & 0.21                      & 1.16                    & -3.38                   & 0.21                     & 0.32                     & 0.45                     & 0.82                     \\
	SGV                            & 22,968                 & 3.93                      & 8.86                    & 0.17                    & 0.38                     & 0.72                     & 2.56                     & 45.94                    \\
	CON                            & 22,968                 & 0.62                      & 0.48                    & 0.00                    & 0.00                     & 1.00                     & 1.00                     & 1.00                     \\
	ROA                            & 22,968                 & -0.03                     & 0.25                    & -0.99                   & -0.07                    & 0.03                     & 0.09                     & 0.32                     \\
	ROE                            & 22,968                 & -0.02                     & 0.58                    & -2.13                   & -0.12                    & 0.07                     & 0.17                     & 1.28                     \\
	IHLD                           & 22,968                 & 0.19                      & 0.13                    & 0.00                    & 0.09                     & 0.17                     & 0.27                     & 0.52                     \\
	AL                             & 22,968                 & 0.24                      & 0.43                    & 0.00                    & 0.00                     & 0.00                     & 0.00                     & 1.00                     \\ \midrule
\end{tabular*}

\textbf{Panel B: Sample Representation across Economic Sectors}

\begin{tabular*}{\textwidth}{@{\extracolsep{\fill}}lD..{5.0}D..{2.3}}
	\gmc{1}{l}{\textbf{Sector}} & \gmc{1}{c}{\textbf{N}} & \gmc{1}{c}{\textbf{\% Frequency}} \\\midrule
	Energy                      & 271                    & 1.18\%                            \\
	Materials                   & 1,785                  & 7.77\%                            \\
	Industrials                 & 4,334                  & 18.87\%                           \\
	Consumer Discretionary      & 3,889                  & 16.93\%                           \\
	Consumer Staples            & 1,440                  & 6.27\%                            \\
	Health Care                 & 4,002                  & 17.42\%                           \\
	Financials                  & 9                      & 0.04\%                            \\
	Information Technology      & 7,236                  & 31.50\%                           \\
	Telecommunication Services  & 2                      & 0.01\%                            \\
	Utilities                   & 0                      & 0.00\%                            \\\midrule
	Total                       & 22,968                 & 100.00\%                          \\
	\midrule
\end{tabular*}

\textbf{Panel C: Pearson (Spearman) Pairwise Correlations Above (Below) the Main Diagonal}

\tiny
\begin{tabular*}{\textwidth}{@{\extracolsep{\fill}}lc*{12}{D..{4.2}}}

	\textbf{ } & \gmc{1}{c}{\textbf{CC}} & \gmc{1}{c}{\textbf{LOG MV}} & \gmc{1}{c}{\textbf{LOG AGE}} & \gmc{1}{c}{\textbf{SG}} & \gmc{1}{c}{\textbf{CAP}} & \gmc{1}{c}{\textbf{LEV}} & \gmc{1}{c}{\textbf{GM}} & \gmc{1}{c}{\textbf{SGV}} & \gmc{1}{c}{\textbf{CON}} & \gmc{1}{c}{\textbf{ROA}} & \gmc{1}{c}{\textbf{ROE}} & \gmc{1}{c}{\textbf{IHLD}} & \gmc{1}{c}{\textbf{AL}} \\\midrule
	CC         & 1.00                    & -0.03                       & -0.09                        & 0.10                    & -0.09                    & -0.04                    & -0.18                   & 0.08                     & 0.04                     & -0.16                    & -0.07                    & -0.17                     & -0.03                   \\
	LOGMV      & -0.08                   & 1.00                        & 0.22                         & 0.09                    & -0.04                    & 0.00                     & 0.01                    & 0.01                     & 0.29                     & 0.19                     & 0.15                     & -0.39                     & -0.31                   \\
	LOGAGE     & -0.11                   & 0.19                        & 1.00                         & -0.20                   & 0.03                     & 0.03                     & 0.05                    & -0.07                    & 0.32                     & 0.16                     & 0.10                     & 0.05                      & 0.08                    \\
	SG         & 0.03                    & 0.15                        & -0.17                        & 1.00                    & -0.06                    & 0.00                     & -0.04                   & 0.05                     & -0.08                    & -0.01                    & 0.04                     & -0.08                     & -0.12                   \\
	CAP        & -0.16                   & -0.04                       & 0.06                         & -0.03                   & 1.00                     & 0.08                     & 0.04                    & -0.08                    & -0.10                    & 0.11                     & 0.06                     & -0.03                     & 0.10                    \\
	LEV        & -0.13                   & -0.02                       & 0.11                         & -0.02                   & 0.25                     & 1.00                     & 0.01                    & -0.03                    & 0.00                     & 0.02                     & -0.04                    & 0.06                      & -0.04                   \\
	GM         & -0.12                   & 0.14                        & -0.06                        & 0.10                    & -0.25                    & -0.24                    & 1.00                    & -0.06                    & -0.01                    & 0.25                     & 0.13                     & 0.13                      & 0.01                    \\
	SGV        & 0.10                    & -0.02                       & -0.16                        & 0.08                    & -0.13                    & -0.13                    & 0.08                    & 1.00                     & -0.08                    & -0.09                    & -0.05                    & -0.10                     & -0.05                   \\
	CON        & 0.04                    & 0.28                        & 0.31                         & -0.08                   & -0.11                    & 0.02                     & 0.02                    & -0.13                    & 1.00                     & -0.03                    & 0.00                     & -0.20                     & 0.04                    \\
	ROA        & -0.14                   & 0.27                        & 0.14                         & 0.30                    & 0.09                     & -0.06                    & 0.25                    & -0.15                    & -0.04                    & 1.00                     & 0.46                     & 0.12                      & -0.06                   \\
	ROE        & -0.11                   & 0.25                        & 0.14                         & 0.28                    & 0.10                     & 0.00                     & 0.18                    & -0.14                    & -0.02                    & 0.85                     & 1.00                     & 0.06                      & 0.06                    \\
	IHLD       & -0.18                   & -0.39                       & 0.07                         & -0.04                   & 0.08                     & 0.20                     & -0.10                   & -0.15                    & -0.19                    & 0.11                     & 0.09                     & 1.00                      & 0.16                    \\
	AL         & -0.02                   & -0.31                       & 0.09                         & -0.17                   & 0.09                     & 0.01                     & -0.19                   & -0.13                    & 0.04                     & -0.14                    & -0.09                    & 0.16                      & 1.00                    \\
	\bottomrule
\end{tabular*}
